The Federal Reserve cut its benchmark interest rate to its lowest level in three years, lowering the federal funds rate target range by 0.25 percentage point to 3.75%–4.00%.
Read More Fed cuts interest rates to lowest level in 3 yearsTag: dow jones
China restricts rare earth exports as Trump vows strong response, reigniting trade tensions
President Donald Trump suggested that he may cancel his upcoming meeting with Chinese President Xi Jinping, after Xi sent what Trump described as “hostile” letters indicating China’s plans to restrict exports of rare earth minerals.
Read More China restricts rare earth exports as Trump vows strong response, reigniting trade tensionsTrump urges Fed Chair Powell to cut interest rates following disappointing jobs report
President Donald Trump is applying more pressure to Federal Reserve Chair Jerome Powell to cut interest rates after a Wednesday report showed job hiring slowed down last month.
Read More Trump urges Fed Chair Powell to cut interest rates following disappointing jobs reportApril Job Gains Reach 177K, Showing Resilience Amid Tariff Concerns
A new April jobs report has revealed that the U.S. economy added 177,000 jobs last month, which exceeded analysts expectations due to tariff concerns.
Read More April Job Gains Reach 177K, Showing Resilience Amid Tariff ConcernsNasdaq leads gains on Wall Street as Microsoft, Meta surge
Wall Street’s main indexes advanced on Thursday as strong quarterly results from heavyweights Microsoft and Meta pointed to a resilient outlook for the technology sector.
Read More Nasdaq leads gains on Wall Street as Microsoft, Meta surgeU.S. Stocks Rise As Global Trade Partners Seek Tariff Talks With Trump
U.S. stocks shot up Tuesday morning after multiple reports have indicated overseas trading partners are now rushing to negotiate with President Donald Trump over his “reciprocal” tariffs.
Read More U.S. Stocks Rise As Global Trade Partners Seek Tariff Talks With Trump
